The Show n Ticks Indicator for MT4 is a simple yet powerful price-based trading tool that generates clear buy and sell signals based purely on tick movement. Designed for precision traders, this indicator plots arrow signals once a predefined number of price ticks is reached — without considering the time taken to form those ticks.
This makes it especially effective for traders who focus strictly on Price Action rather than time-based market behavior.
How the Show n Ticks Indicator Works
The indicator calculates the minimum number of price ticks defined in the input settings. Once price reaches that specific tick movement threshold:
- A white up arrow appears for a bullish signal
- A red down arrow appears for a bearish signal
Importantly, the indicator does not measure how long it takes for the ticks to form. It reacts strictly to price movement, making it ideal for volatile market conditions.
For better clarity, traders often adjust the input setting (for example, to 0.001) depending on the currency pair and trading style.
Visual Features
The indicator displays:
- A white reference line on the price chart
- White bullish arrows for buy signals
- Red bearish arrows for sell signals
These arrows are generated by an internal algorithm that tracks tick accumulation according to user-defined input values.
Trading Strategy Using Show n Ticks Indicator
Buy Setup
- Wait for a white up arrow to appear.
- Enter a buy position immediately after confirmation.
- Place a stop loss below the previous swing low.
- Exit the trade when an opposite red arrow appears.
Sell Setup
- Wait for a red down arrow signal.
- Enter a sell position.
- Place a stop loss above the previous swing high.
- Close the trade when a white bullish arrow forms.
This structured approach allows traders to maintain disciplined risk management while following price-based momentum signals.
Suitable for All Trading Styles
The Show n Ticks Indicator works efficiently across all timeframes, including:
- Scalping
- Intraday trading
- Swing trading
- Long-term trading
Because it focuses solely on tick movement, it adapts well to both lower and higher timeframe charts.
Why Use the Show n Ticks Indicator for MT4?
- Pure price-based signal generation
- No time-based calculation delays
- Clear and simple arrow signals
- Works on all chart timeframes
- Suitable for beginners and advanced traders
- Supports scalpers and long-term traders alike
Conclusion
The Show n Ticks Indicator for MT4 is an essential tool for traders who rely on price action and tick movement strategies. By generating buy and sell signals strictly from defined tick thresholds, it provides clear, structured, and adaptable trading opportunities across all market conditions.
